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Income-Restricted 62+ Senior Housing in Davie, Florida


Tequesta Reserve offers affordable apartments in Davie, Florida for residents who meet established income requirements. To qualify, at least one household member must be 62 years of age or older and meet the household income limits set for this affordable housing program.

Qualification Requirements:

1. The head of household must be 62 years of age or older.

2. A fully completed application is required to determine eligibility. An $85 non-refundable application fee is required for each household member age 18 or older.

3. A security deposit is required at move-in. Approved applicants will be subject to a $500 standard deposit or a $1,000 conditional deposit, as applicable.

4. Income Restrictions Apply. Your Total Gross Annual Household Income MUST BE LESS THAN the amounts listed below:

Household Size30% AMI40% AMI50% AMI
1 Person$24,210$32,280$40,350
2 Persons$27,660$36,88046,100
3 Persons$31,110$41,480$51,850
4 Persons$34,590$46,120$57,650


5. Each applicant must pass a credit and criminal background check. You may receive a conditional approval but you are not fully approved until the income verification and qualification process is complete.

6. All sources and amounts of current and anticipated annual income (including total assets and asset income) expected to be delivered during the twelve-month certification period must be listed on the application and are calculated to determine eligibility.
- Employment/Wages: Last 6 consecutive paystubs.
- Self-Employment: Most recent tax return with schedule C-profit and loss and Tax Transcript.
- Social Security or SSI Benefit Letter (Must be within 120 days).
- Pension on Annuity Statement.
- Child Support: Child support court order and statement.
- Regular gifts received from other family members, friends, etc.
- Any other income i.e. driving for Uber, Lyft, Door Dash, Uber Eats, etc.

7. All assets and income from assets must be verified.
- 6 current and consecutive bank statements for ALL checking accounts. (All Pages).
- Current bank statement for ALL savings accounts.
- Current statement with any penalties: Stocks, Bonds, IRA, CD, Money Markets.
- Whole Life Insurance information (current cash value).
- Property (current cash value, mortgage, fees).
- Current statement verifying the current cash value held in any cash app i.e. PayPal, Apple Pay, prepaid debit card, Cash App, etc.


For questions regarding eligibility, income limits, or required documentation, please contact our leasing office. We are happy to provide clarification and guide you through the process.